Trump weighs return to combat as Iran nuclear talks falter, CNN reports
Trump is more seriously weighing a return to major combat operations against Iran, frustrated by the Hormuz closure and stalled nuclear talks, with his national security team reviewing options, CNN…
Silver Price Forecast: XAG/USD trades firmly near two-month high of $86.50 ahead of US CPI
Silver price (XAG/USD) holds onto its almost week-long rally to near $86.50 during the Asian trading session on Tuesday. The white metal trades firmly even as oil prices are broadly…
Silver (XAG/USD) Is in Breakout Mode, Pushing Above $85: In-Depth Technical Analysis
Silver has officially entered what looks to be a real breakout. As we noted in our Friday analysis, the metals sector was overdue for a rally, and that move is…
PBOC sets USD/CNY reference rate at 6.8426 vs. 6.8467 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8426 compared to the previous day's fix of 6.8467 and 6.7945…
Sunset Market Commentary
Markets President Trump rebuffed Iran’s counterproposal to the US’ 14-point MoU of last week. Calling it “Totally unacceptable” suggests the water between both warring parties remains deep. Trump has threatened…
Why the technicals for Meta Platforms are troubling for investors
The price of Meta Platforms gapped sharply lower following its April 29 earnings release, as investors reacted negatively to the company’s increased capital spending plans — a development that triggered…
ICYMI – JPMorgan warns of $150 oil and 4% inflation as energy crisis deepens
JPMorgan warns global oil supply disruptions of 13.7 million bpd in April could push Brent to $150 and lift US inflation to 4%, with the Fed on hold well into…
GBPUSD trades higher. Looks to test the high from early May at 1.36569
The GBPUSD initially moved lower during the Asia-Pacific session following the election results, as traders reacted to the uncertainty surrounding the outcome. However, that same uncertainty also fueled speculation that…
Crude oil futures settle at $98.07
The price of crude oil futures settled at $98.07, up $2.65 or 2.78% on the day. Looking at the hourly chart, the low price today reached $96.13, briefly pushing below…
Gold prices marginally higher amid U.S.-Iran setback; traders eye inflation data
Gold prices marginally higher amid U.S.-Iran setback; traders eye inflation data Source link
